Uniti group inc. announces refinancing of its revolving credit facility

Little rock, ark., dec. 10, 2020 (globe newswire) -- uniti group inc. (“uniti” or the “company”) (nasdaq: unit) announced today that it has entered into an amendment to its credit agreement that upsizes commitments from new and existing lenders under its senior secured revolving credit facility to $500 million. under these commitments, the covenants have been revised to provide uniti greater flexibility in pursuing its strategic initiatives, and, subject to certain conditions, the maturity date has been extended to december 10, 2024 with substantially improved pricing.
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